Meitu Inc. Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue

Reuters

05-20

<a href="https://laohu8.com/S/MEIUF">Meitu Inc.</a> Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue

Meitu Inc. has announced a strategic collaboration with Alibaba.com China Limited, an indirect wholly-owned subsidiary of Alibaba Group Holding Limited. The partnership will focus on e-commerce, AI technology, and cloud computing capabilities. As part of this collaboration, Meitu Inc. plans to issue Convertible Bonds to Alibaba.com China Limited, with a total principal amount of approximately US$250 million. The bonds have a term of three years and an initial Conversion Price of HK$6.00 per Conversion Share. The company believes this partnership will bolster its strategic initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meitu Inc. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/MEIUF\">Meitu Inc.</a> Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Meitu Inc. has announced a strategic collaboration with Alibaba.com China Limited, an indirect wholly-owned subsidiary of <a href=\"https://laohu8.com/S/BABAF\">Alibaba Group Holding Limited</a>. The partnership will focus on e-commerce, AI technology, and cloud computing capabilities. 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Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-20 23:09</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/MEIUF\">Meitu Inc.</a> Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Meitu Inc. has announced a strategic collaboration with Alibaba.com China Limited, an indirect wholly-owned subsidiary of <a href=\"https://laohu8.com/S/BABAF\">Alibaba Group Holding Limited</a>. The partnership will focus on e-commerce, AI technology, and cloud computing capabilities. As part of this collaboration, Meitu Inc. plans to issue Convertible Bonds to Alibaba.com China Limited, with a total principal amount of approximately US$250 million. The bonds have a term of three years and an initial Conversion Price of HK$6.00 per Conversion Share. The company believes this partnership will bolster its strategic initiatives.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Meitu Inc. published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BFMHRM44.USD","symbol_name":"NEUBERGER BERMAN GLOBAL EQUITY MEGATRENDS \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDLcdMKKN:1","article_id":"2536649166","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536649166","pubTimestamp":1747753757,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Meitu Inc. has announced a strategic collaboration with Alibaba.com China Limited, an indirect wholly-owned subsidiary of Alibaba Group Holding Limited. 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Announces Strategic Collaboration with Alibaba and $250 Million Convertible Bonds Issue\n    \n\n        Meitu Inc. has announced a strategic collaboration with Alibaba.com China Limited, an indirect wholly-owned subsidiary of Alibaba Group Holding Limited. The partnership will focus on e-commerce, AI technology, and cloud computing capabilities. As part of this collaboration, Meitu Inc. plans to issue Convertible Bonds to Alibaba.com China Limited, with a total principal amount of approximately US$250 million. The bonds have a term of three years and an initial Conversion Price of HK$6.00 per Conversion Share. The company believes this partnership will bolster its strategic initiatives.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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